Wednesday, August 29, 2007

Impossible to Track Troubled Mortgages (AP via Yahoo! Finance)

It's hard to know how scared to be if you don't know the size of the threat. No, not terrorism, housing. The U.S. mortgage-lending business is a sprawling, varied enterprise that no one regulator oversees, making it impossible to know how many mortgages or lenders whose deposits aren't insured by the government are in trouble.

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[Source: Yahoo! News Search Results for mortgages]

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